US Gold Miner Newmont Takes Over Australian Rival Newcrest in $19 Billion Deal

[ad_1] Last Updated: May 15, 2023, 06:07 IST Melbourne-based Newcrest’s shareholders will receive 0.4 of the US firm’s shares for each one they currently own. (Representative image/AP) By swallowing up Newcrest, the US mining group expands its large gold and copper mining assets Australian mining company Newcrest said Monday it had agreed to a takeover … Read more

HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

[ad_1] Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from … Read more